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$SMTC agreed with $CMCSA regarding the intended trial deployment by $CMCSA of a low-power wide-area network (LPWAN) in the U.S., based on Semtech LoRa Wireless Radio Frequency Technology. $SMTC agreed to grant $CMCSA a warrant to buy 1.09MM common shares of $SMTC at purchase price equal to $0.01.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.